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Sprint Nextel to Acquire Affiliate iPCS

Article Comments  19  

Oct 19, 2009, 7:44 AM   by Eric M. Zeman   @phonescooper

Today Sprint Nextel and its affiliate iPCS announced that Sprint will buy iPCS for $831 million. As part of the acquisition agreement, both parties have agreed to cease all and any litigation between them (iPCS has sued Sprint for a number of reasons, most often citing breach of contract). The deal also puts a halt to Sprint's planned divestitures of its iDEN network in regions where iPCS operates. The deal is subject to regulatory approval and is expected to close in late 2009 or early 2010.

more info at Sprint »

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Comments

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This forum is closed.

Azeron

Oct 19, 2009, 8:27 AM

Finally

I am not sure why they did not buy these guys out when they bought all the other affiliates out. They could have saved some legal fees and embarrassment.
Yeah true but good news none the less. I've been waiting for this to happen for a while and it looks like Sprint is making some smart moves.
Slammer

Oct 19, 2009, 7:58 AM

Thank God it's over!

Now let's move on. Very Happy
Yep! They should've done this like !2! years ago!
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SEM

Oct 19, 2009, 1:24 PM

What happens to customers in the iPCS market?

I am a Sprint customer in the iPCS market, how is this going to affect me? I know the service will remain the same, but what will happen to the local store I always go to? I am very comfortable with that store and its employees. Will it close down? Will it just officially be a Sprint store now? Will the current staffing be the same or will they replace everyone? Sorry for so many questions, just curious on how this is going to play out.
call the store, they will have more information than what anyone here will have..itll be different situations for all stores.
All great questions, I work for a store under the IPCS branding. So far the news is, in the order your questions are.

1) these stores will not close as far as we are told.

2) we will be officially branded Sprint stores. With my guess of selling ...
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